Subscribe

Meet Bilal Hafeez

Bilal Hafeez

Bilal Hafeez

CEO and Head of Research

Facebook: Bilal Hafeez at Macro Hive | Facebook

Instagram: Bilal Hafeez (@bilal_hafeez_blog) • Instagram photos and videos

Twitter: Bilal Hafeez (@bilalhafeez123) / Twitter

LinkedIn: Bilal Hafeez | LinkedIn

By the time Bilal Hafeez founded Macro Hive in June 2019, he was already a veteran of the finance industry. After graduating from St Johns College, Cambridge, with a master’s degree in economics, Bilal entered the corporate world working as an FX Strategist at J.P. Morgan.

In 2002, Bilal moved to Deutsche Bank where he went from FX Strategist to the Global Head of FX Research. During that time, he created one of the first ever sets of benchmarks and factor models for currency markets. After the Global Financial Crisis in 2008, he moved to Singapore where ran Asia Research for Deutsche Bank. In 2012, he returned to London, where he created and headed a new Multi-Asset Research team. He also had an Advisory to the CEO.

While at Deutsche, Bilal was ranked #1 by Euromoney for 10 years. He was also awarded first place in the All-Europe Fixed-Income Research Team for both 2013 and 2014 by Institutional Investor. Bilal and his team were praised for forecasting the weakness of the yen and the fall of the euro, along with investing in numerous assets that performed exceptionally well during both years.

Bilal’s journey at Deutsche ended in December 2015 when he moved to Nomura, where he held multiple ‘Global Head’ roles for over three years. Bilal first worked as the Global Head of G10 FX Strategy, then the Head of EMEA Fixed Income Research, then as the Global Head of FX and Rates Strategy.

Finally, with a wealth of experience under his belt, Bilal founded Macro Hive in June 2019, and the company quickly became a leading independent provider of global macro and financial market research.

Currently, Bilal is both the CEO and the Head of Research at Macro Hive. He is the primary force behind the company’s ambition to deliver unbiased and cutting-edge market insights, and his weekly insights reveal key macro themes for investors and actionable trade ideas.

Aside from research, Bilal is dedicated to passing on his knowledge and helping the worldwide financial community. This is evident from the three years he spent as an Honorary Visiting Professor of Finance at the Cass Business School. Bilal’s passion for teaching is still going strong, and he occasionally lectures at Harvard, MIT, Oxford University, and Imperial College,

Bilal has also run his own blog since May 2015, where he shares everything from general life advice to his recommendations for TV Shows. As a self-professed movie fanatic who also reads two books a week, Bilal’s blog is a refreshing break from the trading screens – its latest iteration is available on Macro Hive.

Those who want to delve deeper into the Bilal-verse can also listen to his podcast, Macro Hive Conversations (formerly the Deep See With Bilal). He also regularly appears as a guest on podcasts such as ReSolve Riffs and Blockworks to discuss the macro outlook.

For decades, major financial publications and newspapers have relied on Bilal’s expertise in FX. Bilal’s insights and opinions have been published in Financial Times and the Wall Street Journal, and he is a frequent guest on Bloomberg.

Bilal currently lives with his partner in London, where any time that he has left is spent with his children and many pets (seven cats, four chickens, a beehive, and a dog).

Contact Author

Recent Articles

MH/LMAX Report: Millisecond Reactions to Market Shocks – From Order Flow to Cross-Asset Opportunity

Bilal Hafeez, Sam van de Schootbrugge, Eric Wang

(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional […]

  1. Friday Reflections: Stagflation = Great Movies

    Bilal Hafeez

      I am an avid movie fan, and the last 15 years have been rough. We have endured the Marvel juggernaut trampling over creativity, and since COVID, the cinema experience has been dismal – half-empty theatres, messy environments, and barely any good films. But that might be about to change. We are facing recession fears, […]

  2. Friday Reflections: Crisis Times, but All Shall Be Well

    Bilal Hafeez

    You may think the world is in turmoil today, but the 1300s and 1400s were far worse. Half of England’s population was wiped out by the plague (Black Death), there was a popular uprising over inequality and corruption (the Peasants’ Revolt), and the prevailing ideology of the day, Christianity, was fracturing – with two popes […]

  3. How Civilisations End

    Bilal Hafeez

    Obsessing over the next hour’s move in markets can make us lose sight of the big picture – and what bigger question is there than what ends a dominant civilisation? Historians have debated this for centuries. But to avoid getting bogged down in endless two-sided arguments, I find Arnold Toynbee’s view in his epic ‘A […]

All Articles

All Authors

Spring sale - Prime Membership only £3 for 3 months! Get trade ideas and macro insights now